INVENTORIES

3 Months Ended

Mar. 31, 2024

Inventory, Net [Abstract]

INVENTORIES

INVENTORIES

Inventories are stated at the lower of cost (first-in, first-out) or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The components of inventories were as follows:

(in thousands)	March 31, 2024		December 31, 2023
Raw materials	$	103,049	$	106,392
Work-in-process	28,229		28,989
Finished goods	259,321		244,901
Inventories	$	390,599	$	380,282